Padisetty Sivaprasad bought GTLB
March 11, 2026 · Form 4 insider transaction
Padisetty Sivaprasad bought 460,014 shares of GitLab Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Represents a grant of time-based restricted stock units ("RSU"), with each RSU representing a contingent right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock subject to the reporting person's continued service to the Company on each applicable vesting date. The RSUs shall be satisfied over a four-year period, as follows: (a) 18% of total grant, vesting on September 15, 2026; (b) 9% of the total vesting on each of December 15, 2026 and March 15, 2027; (c) 7.5% vesting quarterly thereafter beginning June for calendar year 2027, through March of 2028 on each of the Quarterly Vesting Dates; and (d) 4.25% vesting quarterly beginning June for calendar year 2028, through March of 2030 on each of the Quarterly Vesting Dates. "Quarterly Vesting Date" means each of March 15, June 15, September 15, December 15.; Includes shares of Class A Common Stock that have not yet vested.